What is the Governance Cube?

We developed a framework called the governance cube a few years ago to help multi disciplinary teams build a common understanding of government systems. It looks at government systems as having 3 dimensions. These dimensions are:

Governance Domain: these are the places where constraints can be imposed on a system to influence the behaviour of the entities operating within it;

Governance Functions: these are the tasks that are carried out by governments to ensure the entities adhere to the rules;

Governed Entities: these are the entities whose behaviour we are trying to govern.

What is systems thinking?

Systems thinking is a holistic approach to thinking that breaks down larger systems into their individual parts. It focuses on the way that these individual parts interrelate with each other in the context of larger system. The 3 key concepts of systems thinking are: All systems are composed of inter-connected parts. The connections cause behaviour of one part to affect another. All parts are connected.

What is design thinking?

Design thinking is a process for solving problems in creative ways. Design thinking is centered around how people naturally operate. It encourages organizations to focus on the people they’re creating for and this tends to lead to better products, services, and internal business processes.

What is Visual Thinking?

We prioritise Visual Thinking over Report Writing for doing work. To do this we organise teams to work in groups to develop sketches. Sketching is a fundamental tool that allows teams to quickly develop and communicate ideas. Sketching means different things to different people. Sketches are used for visual thinking and idea development. Sketching is … Read more

What is a limit order?

A limit order allows traders to purchase or sell a cryptocurrency at a specified price or better. That way you can automate the buying and selling without having to constantly watch price charts. A limit order will only be executed at the limit price, or a lower price when buying. On the flip side, a … Read more

What is the blockchain trilemma?

The Blockchain trilemma states that public blockchains sacrifice either decentralization security or scalability in their infrastructure and concludes that a blockchain system can achieve only 2 of the 3 features listed above while sacrificing the 3rd feature e.g. decentralisation and security but sacrifice scalability. A typical example that supports this postulate is bitcoin. While its … Read more

What is a rebase token?

A rebase token is a kind of asset that automatically regulates its circulating supply in reaction to crypto price fluctuations. It uses a rebasing mechanism that adjusts the circulating supply of tokens which are increased or decreased based on price changes. Rebase tokens are highly risky investments and investors should have a proper understanding of the project before investing.

What is the time value of money?

Time value of money means that a sum of money is worth more now than the same sum of money in the future. This is because money can grow only through investing. An investment delayed is an opportunity lost. So Time literally is money. To invest now is to delay gratification. Delayed gratification is basically your ability to … Read more